Assembly Line

B2B supply chain startup Groyyo raises $40 million in mix of equity and debt led by Tiger Global

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Groyyo, Tiger Global

Groyyo, a business-to-business (B2B) manufacturing and supply chain enablement company has raised $28 million in equity and $12 million via debt led by Tiger Global. The funding round also saw participation from early investors Alpha Wave Global. Groyyo plans to utilise the funds raised to scale the team across manufacturing clusters in India and Bangladesh and key demand belts in the United States and European Union.

Read more at The Economic Times